secwatch / observer

PayPal Holdings, Inc. — fact timeline

Source-grounded facts extracted from PayPal Holdings, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

PYPL PayPal Holdings, Inc. JSON
Shareholder Votes

PayPal Holdings, Inc. shareholders rejected Stockholder Proposal: Reduce Threshold to Call Special Meeting of Stockholders.

“Proposal 6: Stockholder Proposal: Reduce Threshold to Call Special Meeting of Stockholders: Votes For 223,212,977 41.1 % Votes Against 316,778,143 58.4 % Abstentions 2,568,608 0.5 % Broker Non-Votes 146,472,262 The proposal was not approved.”
Shareholder Votes

PayPal Holdings, Inc. shareholders rejected Stockholder Proposal: Policy on Provision of Services in Conflict Zones.

“Proposal 5: Stockholder Proposal: Policy on Provision of Services in Conflict Zones: Votes For 60,838,341 11.2 % Votes Against 472,711,127 87.1 % Abstentions 9,010,260 1.7 % Broker Non-Votes 146,472,262 The proposal was not approved.”
Shareholder Votes

PayPal Holdings, Inc. shareholders approved Ratification of the Appointment of PricewaterhouseCoopers LLP as the Company’s Independent Auditor for 2026.

“Proposal 4 : Ratification of the Appointment of PricewaterhouseCoopers LLP as the Company’s Independent Auditor for 2026: Votes For 628,102,059 91.2 % Votes Against 59,185,483 8.6 % Abstentions 1,744,448 0.3 % Broker Non-Votes n/a The appointment was ratified.”
Shareholder Votes

PayPal Holdings, Inc. shareholders approved Approval of the PayPal Holdings, Inc. 2026 Equity Incentive Award Plan.

“Proposal 3: Approval of the PayPal Holdings, Inc. 2026 Equity Incentive Award Plan: Votes For 393,127,172 72.5 % Votes Against 147,830,153 27.2 % Abstentions 1,602,403 0.3 % Broker Non-Votes 146,472,262 The proposal was approved.”
Shareholder Votes

PayPal Holdings, Inc. shareholders approved Advisory Vote to Approve Named Executive Officer Compensation.

“Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation: Votes For 489,234,017 90.2 % Votes Against 51,332,440 9.5 % Abstentions 1,993,271 0.4 % Broker Non-Votes 146,472,262 The proposal was approved.”
Shareholder Votes

PayPal Holdings, Inc. shareholders approved Election of 11 director nominees named in the Company’s Proxy Statement.

“Proposal 1: Election of Directors: Director Nominees Votes For % For* Votes Against % Against Abstentions Broker Non-Votes Joy Chik 535,017,654 98.8% 6,769,748 1.2% 772,326 146,472,262 Jonathan Christodoro 530,119,491 97.9% 11,632,006 2.1% 808,231 146,472,262 Carmine Di Sibio 532,984,933 98.4% 8,448,488 1.6% 1,126,307 146,472,262 David W. Dorman 530,829,167 98.0% 10,926,225 2.0% 804,336 146,472,262 Alyssa H. Henry 537,938,347 99.3% 3,831,299 0.7% 790,082 146,472,262 Enrique Lores 532,701,640 98.3% 9,035,482 1.7% 822,606 146,472,262 Deborah M. Messemer 530,533,902 98.0% 10,828,669 2.0% 1,197,157 146,472,262 David M. Moffett 527,036,484 97.3% 14,741,211 2.7% 782,033 146,472,262 Ann M. Sarnoff 531,946,116 98.2% 9,828,006 1.8% 785,606 146,472,262 Deirdre Stanley 537,761,764 99.3% 4,004,469 0.7% 793,495 146,472,262 Frank D. Yeary 523,177,854 96.6% 18,576,479 3.4% 805,395 146,472,262”

Diego Scotti resigned as EVP, General Manager, Consumer Group at PayPal Holdings, Inc..

“As previously announced on April 29, 2026, effective as of June 2, 2026, Diego Scotti will cease to serve as the EVP, General Manager, Consumer Group of the Company.”
Earnings Releases

PayPal Holdings, Inc. reported first quarter ending March 31, 2026 results: revenue $8.4 billion, EPS $1.21.

“put the company on a more durable path to long-term growth and shareholder value creation, and we are executing with urgency.” Enrique Lores President and CEO ————————————————————————————————————————————— 1Q'26 Financial Results • Net revenues increased 7% to $8.4 billion; 5% currency-neutral (“FXN”). • Transaction margin dollars 1 (“TM$”) increased 3% to $3.8 billion; TM$ excluding interest on customer balances 1,2 increased 3% to $3.5 billion.”

Diego Scotti departed as EVP, General Manager, Consumer Group at PayPal Holdings, Inc..

“and Diego Scotti will cease to serve as the EVP, General Manager, Consumer Group of the Company”

Michelle Gill departed as EVP, General Manager, Small Business and Financial Services at PayPal Holdings, Inc..

“On April 29, 2026, PayPal Holdings, Inc. (the " Company ") announced that, effective as of June 2, 2026, Michelle Gill will cease to serve as the EVP, General Manager, Small Business and Financial Services of the Company”
Debt Financings

PayPal Holdings, Inc. entered an off-balance-sheet arrangement for loan of up to €65 billion with Alps 2.0 Partners S.à r.l. maturing 28-month commitment period.

“On November 11, 2025, PayPal (Europe) S.à r.l. et Cie, SCA (as Seller and a Receivables Manager) and PayPal UK Ltd (as a Receivables Manager and collectively with PayPal (Europe) S.à r.l. et Cie, SCA, the Receivables Managers) entered into a Receivables Purchase Agreement with Alps 2.0 Partners S.à r.l. (as Purchaser), BNY Mellon Corporate Trustee Services limited (as Security Agent), Avega S.à r.l. (as Back-Up Receivables Manager Facilitator) and Alps 2.0 Partners (Holding) S.à r.l. (as Class C Lender) to sell up to €65 billion of UK and European buy now, pay later (BNPL) loan receivables originated by the Seller.”

Deirdre Stanley was appointed as Director at PayPal Holdings, Inc..

“On June 24, 2025, the Board of Directors (the “Board”) of PayPal Holdings, Inc. (the “Company”) appointed Deirdre Stanley as a new member of the Company’s Board, effective June 24, 2025.”

Rodney Adkins departed as Director at PayPal Holdings, Inc..

“On April 4, 2025, Rodney Adkins informed PayPal Holdings, Inc. (“PayPal” or the “Company”) that he will not stand for re-election to PayPal’s Board of Directors (“Board”) when his current term expires at PayPal’s 2025 Annual Meeting of Stockholders (“2025 Annual Meeting”).”

Joy Chik was appointed as Director at PayPal Holdings, Inc..

“On March 10, 2025, the Board of Directors (the “Board”) of PayPal Holdings, Inc. (the “Company”) appointed Joy Chik as a new member of the Company’s Board, effective March 10, 2025.”

Jamie Miller was appointed as Chief Financial and Operating Officer at PayPal Holdings, Inc..

“Jamie Miller, the Company’s Executive Vice President, Chief Financial Officer, has been appointed to the expanded role of Chief Financial and Operating Officer”

John Kim departed as Executive Vice President, Chief Product Officer at PayPal Holdings, Inc..

“Under the Agreement, Mr. Kim will depart from the Company on March 31, 2025.”

Enrique Lores was appointed as Chair of the Board at PayPal Holdings, Inc..

“Effectively immediately upon Mr. Donahoe’s resignation, the Board reduced the size of the Board to eleven (11) directors and appointed Enrique Lores as Chair of the Board.”

John Donahoe resigned as Chair and member of the Board of Directors at PayPal Holdings, Inc..

“On July 23, 2024, John Donahoe notified PayPal Holdings, Inc. (the “Company”) of his decision to resign as Chair and member of the Board of Directors of the Company (the “Board”) effective immediately.”

Carmine Di Sibio was appointed as Director at PayPal Holdings, Inc..

“On June 25, 2024, the Board of Directors (the “Board”) of PayPal Holdings, Inc. (the “Company”) appointed Carmine Di Sibio as a new member of the Company’s Board, effective July 1, 2024.”

Christopher Natali was appointed as Vice President, Chief Accounting Officer at PayPal Holdings, Inc..

“On June 3, 2024, PayPal Holdings, Inc. (the “Company,” and collectively with its consolidated subsidiaries, “PayPal”) announced the appointment of Christopher Natali as the Company’s Vice President, Chief Accounting Officer, effective June 20, 2024.”
Earnings Releases

PayPal Holdings, Inc. reported the quarter ended March 31, 2024 results: revenue $7.7 billion, EPS $0.83.

“Q1’24 revenue increased 9% to $7.7 billion; 10% on a currency-neutral basis (FXN) Q1’24 GAAP EPS increased 18% to $0.83; non-GAAP EPS increased 27% to $1.08”

Belinda Johnson departed as Director at PayPal Holdings, Inc..

“On March 25, 2024, Belinda Johnson informed PayPal Holdings, Inc. (“PayPal” or the “Company”) that she will not stand for re-election to PayPal’s Board of Directors (“Board”) when her current term expires at PayPal’s 2024 Annual Meeting of Stockholders (“2024 Annual Meeting”).”

Aaron Karczmer departed as Executive Vice President, Chief Enterprise Services Officer at PayPal Holdings, Inc..

“Under the Agreement, Mr. Karczmer will depart from the Company on April 30, 2024.”
Earnings Releases

PayPal Holdings, Inc. reported financial results for quarter and year ended December 31, 2023.

“On February 7, 2024, PayPal Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the quarter and year ended December 31, 2023.”

Peggy Alford departed as Executive Vice President, Global Sales and Merchant Services at PayPal Holdings, Inc..

“The Agreement was entered into in connection with Ms. Alford’s upcoming departure from the Company on January 31, 2024, which was announced on December 6, 2023.”

Gabrielle Rabinovitch departed as Senior Vice President, Investor Relations at PayPal Holdings, Inc..

“she will depart from the Company on the Transition End Date.”

Daniel Schulman departed as Director at PayPal Holdings, Inc..

“Daniel Schulman will retire from the Board of Directors effective as of December 31, 2023.”

Peggy Alford departed as Executive Vice President, Global Sales at PayPal Holdings, Inc..

“On December 6, 2023, PayPal Holdings, Inc. (the “Company”) announced that Peggy Alford, Executive Vice President, Global Sales, will cease to serve in her current role effective as of December 31, 2023, and will depart from the Company on January 31, 2024.”
Earnings Releases

PayPal Holdings, Inc. reported fiscal year 2023 results: EPS non-GAAP EPS now expected to grow ~21% to ~$4.98. Guidance raised.

“FY'23 GAAP EPS now expected to be ~$3.75 compared to $2.09 in FY'22; non-GAAP EPS now expected to grow ~21% to ~$4.98”
Earnings Releases

PayPal Holdings, Inc. reported quarter ended September 30, 2023 results: revenue Net revenues of $7.4 billion, EPS GAAP EPS of $0.93. Guidance reaffirmed.

“third quarter performance delivering on both revenue and EPS ◦ Total payment volume (TPV) of $387.7 billion, growing 15% and 13% on an FX-neutral (FXN) basis ◦ Net revenues of $7.4 billion, growing 8% and 9% FXN ◦ GAAP operating income of $1.2 billion, growing 4%; non-GAAP operating income of $1.6 billion, growing 8% ◦ GAAP EPS of $0.93 compared to $1.15 in Q3'22;”

Jamie Miller was appointed as Executive Vice President, Chief Financial Officer at PayPal Holdings, Inc..

“appointed Jamie Miller as the Company's Executive Vice President, Chief Financial Officer, effective November 6, 2023.”
Governance Changes

PayPal Holdings, Inc.: Amended bylaws to update procedures and disclosure requirements for stockholder nominations, including universal proxy rules and proxy card color, and update adjournment/postponement procedures and stockholder list provisions under Delaware law (effective 2023-09-27).

“On September 27, 2023, as part of its periodic review of the governing documents of PayPal Holdings, Inc. (the “Company”), the Company’s Board of Directors (the “Board”) approved amendments to the Company’s Amended and Restated Bylaws (the “Bylaws”) to update and enhance the procedures and disclosure requirements for stockholder nominations of directors, including to address matters relating to the universal proxy rules set forth in Rule 14a-19 under the Securities Exchange Act of 1934, as amended, and to require that a stockholder soliciting proxies use a proxy card color other than white, along with other clarifying and conforming changes.”

Alex Chriss was appointed as Director at PayPal Holdings, Inc..

“Mr. Chriss was also appointed as a member of the Board, effective as of the Effective Date.”

Alex Chriss was appointed as President and Chief Executive Officer at PayPal Holdings, Inc..

“appointed Alex Chriss as President and Chief Executive Officer of the Company (“CEO”), effective as of September 27, 2023”

Jonathan Auerbach departed as Executive Vice President, Chief Strategy, Growth and Data Officer at PayPal Holdings, Inc..

“On August 8, 2023, PayPal Holdings, Inc. (the “Company”) announced that Jonathan Auerbach, Executive Vice President, Chief Strategy, Growth and Data Officer, will depart from the Company on June 1, 2024.”
Earnings Releases

PayPal Holdings, Inc. reported financial results for quarter ended June 30, 2023.

“On August 2, 2023, PayPal Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended June 30, 2023.”
Debt Financings

PayPal Holdings, Inc. entered an off-balance-sheet arrangement for loan of up to EUR 40 billion with Alps Partners S.à r.l. maturing 24-month commitment period.

“Services limited (as Security Agent), Avega S.à r.l. (as Back-Up Receivables Manager Facilitator) and Alps Partners (Holding) S.à r.l. (as Class C Lender) to sell up to EUR 40 billion of UK and European buy now, pay later (BNPL) loan receivables originated by the Seller. The Receivables Purchase Agreement consists of the sale of a substantial majority of the”
Material Agreements

PayPal Holdings, Inc. entered into Receivables Management Agreement with Alps Partners S.à r.l. (effective 2023-06-16).

“In addition, on June 16, 2023, PayPal (Europe) S.à r.l. et Cie, SCA (as Seller and Receivables Manager) entered into a Receivables Management Agreement with Alps Partners S.à r.l. (as Purchaser), Avega S.à r.l. (as Back-Up Receivables Manager Facilitator) and Alps Partners (Holding) S.à r.l. (as Class C Lender) pursuant to which the Receivables Manager is obligated to service the UK and European BNPL receivables portfolio purchased by the Purchaser under the Receivables Purchase Agreement consistent with certain policies and procedures.”
Material Agreements

PayPal Holdings, Inc. entered into Receivables Purchase Agreement with Alps Partners S.à r.l. valued at EUR 40 billion (effective 2023-06-16).

“On June 16, 2023, PayPal (Europe) S.à r.l. et Cie, SCA (as Seller and Receivables Manager) entered into a Receivables Purchase Agreement with Alps Partners S.à r.l. (as Purchaser), BNY Mellon Corporate Trustee Services limited (as Security Agent), Avega S.à r.l. (as Back-Up Receivables Manager Facilitator) and Alps Partners (Holding) S.à r.l. (as Class C Lender) to sell up to EUR 40 billion of UK and European buy now, pay later (BNPL) loan receivables originated by the Seller.”
Debt Financings

PayPal Holdings, Inc. incurred revolving credit of $5.0 billion five-year revolving credit facility with JPMorgan Chase Bank, N.A. and J.P. Morgan Securities Australia Limited, as the Administrative Agents at term benchmark rate plus a margin ranging from 0.750 percent to 1.250 percent maturing June 7, 2028.

“The Credit Agreement provides for an unsecured $5.0 billion five-year revolving credit facility”
Material Agreements

PayPal Holdings, Inc. terminated Credit Agreement, dated as of September 11, 2019 with the lenders party thereto, JPMorgan Chase Bank, N.A., J.P. Morgan Securities Australia Limited, JPMorgan Chase Bank, N.A., Toronto Branch, and J.P. Morgan Europe Limited, as the administrative agents (effective 2023-06-07).

“On June 7, 2023, the Company terminated the revolving facility pursuant to that certain Credit Agreement, dated as of September 11, 2019, among the Company, the lenders party thereto, JPMorgan Chase Bank, N.A., J.P. Morgan Securities Australia Limited, JPMorgan Chase Bank, N.A., Toronto Branch, and J.P. Morgan Europe Limited, as the administrative agents, and the other parties thereto.”
Material Agreements

PayPal Holdings, Inc. entered into Credit Agreement with JPMorgan Chase Bank, N.A. and J.P. Morgan Securities Australia Limited, as the Administrative Agents, and the lenders party thereto valued at $5.0 billion (effective 2023-06-07).

“On June 7, 2023, PayPal Holdings, Inc., as parent borrower (the “ Company ”), entered into a credit agreement (the “ Credit Agreement ”) with PayPal Australia Pty Limited (the “ Australian Borrower ”), PayPal (Europe) S.à r.l. et Cie, S.C.A. (the “ Luxembourg Borrower ” and, together with the Australian Borrower, the “ Foreign Borrowers ”), JPMorgan Chase Bank, N.A. and J.P. Morgan Securities Australia Limited, as the Administrative Agents, and the lenders party thereto.”
Material Agreements

PayPal Holdings, Inc. entered into Notes Offering with Computershare Trust Company, N.A. valued at ¥90.0 billion aggregate principal amount of senior notes (effective 2023-06-09).

“On June 9, 2023, PayPal Holdings, Inc. (the “Company”) issued and sold ¥90.0 billion aggregate principal amount of senior notes, consisting of ¥30.0 billion aggregate principal amount of 0.813% notes due 2025 (the “2025 Notes”), ¥23.0 billion aggregate principal amount of 0.972% notes due 2026 (the “2026 Notes”) and ¥37.0 billion aggregate principal amount of 1.240% notes due 2028 (the “2028 Notes” and, together with the 2025 Notes and the 2026 Notes, the “Notes”). The Notes are being issued pursuant to an indenture, dated as of September 26, 2019 (the “Base Indenture”), between the Company and Computershare Trust Company, N.A. as successor to Wells Fargo Bank, National Association, as trustee, together with the officer’s certificate, dated June 9, 2023 (the “Officer’s Certificate” and, together with the Base Indenture, the “Indenture”), issued pursuant to the Indenture establishing the terms of each series of Notes.”
Shareholder Votes

PayPal Holdings, Inc. shareholders rejected Stockholder Proposal: Adopt Majority Vote Standard for Director Elections.

“Proposal 9: Stockholder Proposal: Adopt Majority Vote Standard for Director Elections: Votes For 145,918,941 19.94% Votes Against 578,857,184 79.11% Abstentions 6,876,704 0.93% Broker Non-Votes 139,962,790 The proposal was not approved.”
Shareholder Votes

PayPal Holdings, Inc. shareholders rejected Stockholder Proposal: Report on Ensuring Respect for Civil Liberties.

“Proposal 8: Stockholder Proposal: Report on Ensuring Respect for Civil Liberties: Votes For 8,591,277 1.17% Votes Against 714,764,835 97.69% Abstentions 8,296,717 3.22% Broker Non-Votes 139,962,790 The proposal was not approved.”
Shareholder Votes

PayPal Holdings, Inc. shareholders rejected Stockholder Proposal: Reproductive Rights and Data Privacy.

“Proposal 6: Stockholder Proposal: Reproductive Rights and Data Privacy: Votes For 106,135,147 14.50% Votes Against 601,888,012 82.26% Abstentions 23,629,670 3.22% Broker Non-Votes 139,962,790 The proposal was not approved.”
Shareholder Votes

PayPal Holdings, Inc. shareholders rejected Stockholder Proposal: Provision of Services in Conflict Zones.

“Proposal 5: Stockholder Proposal: Provision of Services in Conflict Zones: Votes For 80,432,950 10.99% Votes Against 636,079,978 86.93% Abstentions 15,139,901 2.06% Broker Non-Votes 139,962,790 The proposal was not approved.”
Shareholder Votes

PayPal Holdings, Inc. shareholders approved Ratification of the Appointment of PricewaterhouseCoopers LLP as the Company’s Independent Auditor for 2023.

“Proposal 4 : Ratification of the Appointment of PricewaterhouseCoopers LLP as the Company’s Independent Auditor for 2023: Votes For 826,943,183 94.87% Votes Against 42,959,662 4.92% Abstentions 1,712,774 0.19% Broker Non-Votes n/a The appointment was ratified.”
Shareholder Votes

PayPal Holdings, Inc. shareholders approved Approval of the PayPal Holdings, Inc. 2015 Equity Incentive Award Plan, as Amended and Restated.

“Proposal 3: Approval of the PayPal Holdings, Inc. 2015 Equity Incentive Award Plan, as Amended and Restated: Votes For 597,113,053 81.61% Votes Against 132,826,306 18.15% Abstentions 1,713,470 0.23% Broker Non-Votes 139,962,790 The proposal was approved.”
Shareholder Votes

PayPal Holdings, Inc. shareholders approved Advisory Vote to Approve Named Executive Officer Compensation.

“Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation: Votes For 570,786,918 78.01% Votes Against 159,157,209 21.75% Abstentions 1,708,702 0.23% Broker Non-Votes 139,962,790 The proposal was approved.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.